Trend Research reports that Accelerate has been liquidating ETH holdings to service loans. Over the past 10 hours, the firm sold 170,033 ETH, valued at approximately $322.5 million, while retaining 293,121 ETH valued at around $563 million.

US Senator Cynthia Lummis Calls on Banks to Adopt Stablecoins and Digital Assets to Expand Opportunities for Financial Institutions

Institutional investors are unlikely to unload large Bitcoin holdings unless compelled by forced liquidation, according to industry analysts. A forced sale could trigger a chain reaction: as positions are liquidated, prices decline, potentially causing miner bankruptcies and prompting retail investors to accept losses. Market watchers suggest that without a significant recovery within the next month, the probability of widespread institutional selling rises markedly. Once such investors capitulate at current levels, regaining confidence could prove challenging, potentially prolonging the path to market stability.

Bloomberg Style:

Institutional investors are unlikely to unload sizable Bitcoin positions simultaneously without external force, according to industry experts. A forced liquidation of Bitcoin holdings could trigger a chain reaction: as assets are sold off and prices decline, miners could face insolvency, and retail investors might be compelled to accept losses. Analysts warn that unless Bitcoin demonstrates a substantial rebound within the next month, the probability of widespread institutional selling rises markedly. Once institutions capitulate at current levels, a swift return to previous commitments appears improbable, with restoring confidence expected to require a significant period.

Bithumb users received an unexpected drop of 2,000 BTC instead of 2,000 KRW, prompting a more than 10% decline in Bitcoin’s price on the exchange below market levels. One user managed to sell the full amount on the open market.

Tether has reduced its USDT supply by an additional $1 billion.

China restricts the unauthorized issuance of yuan-backed stablecoins, according to Bloomberg.

The People's Bank of China and regulators have officially announced a comprehensive ban on all cryptocurrency activities, including trading, issuance, mining, and the use of unapproved RMB-pegged stablecoins. They also clarified that tokenization is prohibited unless approved within a designated financial framework.

The People's Bank of China and regulators have officially announced a comprehensive ban on all cryptocurrency activities, including trading, issuance, mining, and the use of unapproved RMB-pegged stablecoins. Authorities also clarified that tokenization is prohibited unless authorized within a specific financial regulatory framework.

European Commission President Announces 20th Russia Sanctions Package, Signals Action Against Cryptocurrency Platforms

The Deputy Chairman of the European Commission announced that the European Union will prohibit the digital ruble.

MegaETH to use its own stablecoin for MEGA token buybacks.

Current market trends remain volatile as investors monitor economic data and geopolitical developments.

Current market trends show fluctuations across major indices as investors navigate economic data and geopolitical developments.

Bithumb acknowledged transferring significant amounts of Bitcoin to clients, with some customers successfully liquidating the assets.

Russia’s Ministry of Finance has submitted a strategy paper in partnership with federal agencies and the Central Bank on “Tokenization of Assets in the Real Sector.” The document aims to leverage blockchain technology to modernize asset management. Officials project that tokenization will increase asset liquidity, reduce costs, and lower investment barriers for retail investors. The initiative also seeks to enhance secured loan portfolios for lenders and bolster the country’s appeal to international investors.

Ondo launches Ondo Perps, a platform for trading perpetual futures on stocks and commodities. The company plans to develop a unified application that will facilitate 24/7 trading across cryptocurrencies, stocks, ETFs, and derivatives.

More than $2 billion has been liquidated in the past 24 hours, including over $140 million in the last hour.

Circle has issued $1.75 billion in USDC today.

Someone orchestrated a series of pump-and-dump schemes involving #ARC over the past several days. On February 3, the token surged to lead in open interest growth and became a top purchase across all centralized exchanges. Within a single day, ARC climbed more than 80% before significant sell-offs, near peak levels, caused a sharp decline in open interest. The token has remained among the top in declining open interest since 17:40 Moscow time on February 4.

This morning, open interest resumed rapid growth from 08:15, pushing ARC up by over 40%. However, following a peak at 18:30, the token's value declined again, erasing all gains.

#Careport 📊 Chart

Today’s Summary and Weekend Events: https://t.me/bingx1/2147483647